LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE 74th Regular Session February 21, 1995 TO: Honorable John Smithee, Chair IN RE: House Bill No. 770 Committee on Insurance By: Smithee House of Representatives Austin, Texas FROM: John Keel, Director In response to your request for a Fiscal Note on House Bill No. 770 (Relating to the attorney for service of process of certain insurance companies.) this office has determined the following: The bill would authorize the insurance commissioner to accept service of process and to notify an insurance company if the company does not appoint or maintain an attorney for acceptance of process. The Department of Insurance should be able to implement the provisions of the bill as part of present routine functions and without additional cost. No fiscal implication to the State or units of local government is anticipated. Source: Department of Insurance LBB Staff: JK, RM, RR